|As global telecommunication networks shifts from older, copper wire based systems towards Internet based communications, some nations and world regions are further ahead than others.|
In the next few years, Voice Over Internet Protocol (VoIP) is set to be the largest growing industry worldwide. Just as the development of railroads and teelphone lines helped fuel the growth of industry in the 20th century, the pace at which nations are able to adapt to digital communications will play a big role in determining their success in the online marketplace of the 21st century. Because VoIP does not rely on expensive phone networks, but rather on Internet networks, there is a large opportunity for VoIP growth in countries that traditionally have not had strong infrastructures.
Countries like India and Indonesia are actually some of the fastest growing countries in terms of VoIP growth, particularly in the mobile VoIP space as more and more people are able to afford cell phones that can utilize VoIP through data connections. Countries that have heavily invested in Internet infrastructure, like Japan and South Korea, are seeing a strong return on investment as more of their people and businesses make the switch to digital communications. Additionally, as more people make the switch from traditional phone lines, there becomes less of a need for maintaining and expanding high cost telephone networks.
Taking a broad look at the changing global dynamic, the following graphic from WhichVoIP pulls statistics from recent studies of VoIP growth to map out which nations are leading the way with VoIP, which are lagging behind, and the socio-economic factors that influence their rise and fall.
Developed by WhichVoiP.com
Voice Over Internet Protocol (VoIP) is the future of global telecommunications